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HAN.V ·

Hannan Announces Filing of Proxy Materials IN Connection with Annual General Meeting of Shareholders

Shareholder Meetings

1305 – 1090 West Georgia Street, Vancouver, BC, V6E 3V7

Phone: +1 604 685 9316 / Email: [email protected]

NEWS RELEASE OCTOBER 9, 2025

HANNAN ANNOUNCES FILING OF PROXY MATERIALS IN CONNECTION WITH ANNUAL

GENERAL MEETING OF SHAREHOLDERS

Vancouver, Canada -- Hannan Metals Limited ("Hannan" or the "Company") (TSXV: HAN) (OTCPK:

HANNF) announces the filing of its notice of annual general meeting (the " Meeting") of shareholders and

management information circular (the " Meeting Materials "). Shareholders may download the Meeting

Materials from the Company's website at AGM Meeting Materials or under the Company’s profile at

www.sedarplus.ca The Company will hold the Meeting on Thursday, November 6, 2025, at 10:00 am (Pacific

Time) at Suite 1305 - 1090 West Georgia Street, Vancouver, BC, V6E 3V7.

The mailing of the Meeting Materials has been impacted by the strike of the Canadian Union of Postal Workers

(the ”2025 Postal Strike”). Therefore, the Meeting Materials may not be delivered to shareholders prior to the

Meeting in accordance with regulatory requirements. The Canadian Securities Administrators (“ CSA”) has not

yet provided guidance for relief in the context of the 2025 Postal Strike. However, the Company expects to rely

on CSA guidance similar to CSA Coordinated Blanket Order 51- 931, which previously provided an exemption

from the requirement to send the Meeting Materials to shareholders by mail in 2024.

The Meeting is being held for the following purposes:

1. to receive the audited consolidated financial statements of the Company for the fiscal year ended May 31,

2025, together with the report of the auditor therein;

2. to fix the number of directors at five (5);

3. to elect directors;

4. to appoint Davidson & Company LLP, Chartered Professional Accountants, as the auditor of the Company

at a remuneration to be fixed by the directors; and

5. to consider and, if thought fit, to pass an ordinary resolution to ratify, confirm and approve the Company’s

Stock Option Plan, as more particularly described in the Management Information Circular dated October

1, 2025.

Registered shareholders should contact Computershare Investor Services Inc. at 1-800-564-6253 to obtain their

proxy form control number and cast their votes for the Meeting. Beneficial shareholders should contact their

brokers or intermediaries for instructions on obtaining their control number and voting.

Shareholders are encouraged to read the Meeting Materials and vote their shares by the voting deadline of 10:00

am (Pacific Time) on Tuesday, November 4, 2025.

The Company will provide copies of the Meeting Materials by email to Company shareholders who request copies.

The strike has also impacted the Company’s ability to mail copies of financial statements and management’s

discussion and analysis (the “ Financial Reports”) to shareholders who have requested to have the Financial

Reports delivered by mail. The Financial Reports are available on the Company’s website at Financial Statements

and under the Company’s profile at www.sedarplus.ca

Shareholders wishing to obtain the Meeting Materials or Financial Reports by email should send their request to

[email protected]

About Hannan Metals Limited (TSXV:HAN) (OTCPK: HANNF)

Hannan Metals Limited is an exploration company focused on the identification and delineation of large gold and

copper mineralizing systems in new frontiers in Peru. Over the last decade, the team behind Hannan has forged

a long and successful record of discovering, financing, and advancing mineral projects in Australia, Europe and

South America. Mr. Michael Hudson FAusIMM, Hannan’s Chairman and CEO, a Qualified Person as defined in

National Instrument 43-101, has prepared, reviewed, verified and approved the technical contents of this news

release.

On behalf of the Board,

"Michael Hudson"

Michael Hudson, Chairman & CEO

Further Information

www.hannanmetals.com

1305 – 1090 West Georgia St., Vancouver, BC, V6E 3V7

Mariana Bermudez, Corporate Secretary

+1 (604) 685 9316, [email protected]

Forward Looking Statements. Certain disclosure contained in this news release may constitute forward -looking information or forward -looking

statements, within the meaning of Canadian securities laws. These statements may relate to this news release and other matter s identified in the

Company's public filings. In making the forward -looking statements the Company has applied certain factors and assumptions that are based on the

Company's current beliefs as well as assumptions made by and information currently available to the Company. T hese statements address future events

and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual resu lts, performance or

achievements to be materially different from any future results, performa nce or achievements expressed or implied by the statements. These risks and

uncertainties include but are not limited to: the political environment in which the Company operates continuing to support the development and operation

of mining projects; the threat associated with outbreaks of viruses and infectious diseases; risks related to negative publicity with respect to the Company

or the mining industry in general; planned work programs; permitting; and community relations. Readers are cautioned not to place undue reliance on

forward-looking statements. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking

statements whether as a result of new information, future events or otherwise, except as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Ven ture Exchange) accepts

responsibility for the adequacy or accuracy of this news.